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Sasini up 10 per cent after Sh117m profit

  • Sasini share price is up 10 per cent in early trading today after reporting a net profit of Sh177m.
  • Energy CS sets up team to fast-track commercialization of oil
    The Cabinet Secretary of Energy and Petroleum, Opiyo Wandayi has appointed a 35-member committee to fast track the commercial development of oil discoveries in in Block T6 and Block T7, leading to Full Field Development and the creation of a crude oil export route.
  • BOC Kenya share price up 10% in early trading
    BOC Kenya share price is up 10% in early trading today, currently trading at Sh100. The share has hit a high of Sh150, with only 3 shares exchanging hands at that price.
    The company reported a 170 per cent rise in half year profits, retaining its interim dividends at Sh2.50 per share.
  • NSE share price rally continues with 9% rise today
    Nairobi Securities Exchange share price continued its 3-month rally today rising 9% to close the day at Sh15.75. The share has more than doubled in price since June this year.
  • Multichoice: We have no plans to launch 4K streaming on DSTV
    MultiChoice Group has no plans to launch 4K-resolution content on its DStv Stream platform. The company’s streaming service still tops out at a 1080p resolution, also known as full HD.
    “As usage patterns evolve and appetite for higher resolutions grows, we’re well positioned to roll out 4K more broadly should the business case support the move,” Multichoice told TechCentral in a statement.
    MultiChoice South Africa CEO Byron du Plessis added: “We regularly review the feasibility of offering 4K to our customers, and should it prove commercially viable in future, we will announce this to the market.”
  • Communication Authority of Kenya raids unlicensed couriers
    Communication Authority of Kenya in collaboration with the Police raided unlicensed couriers in Eastleigh area of Nairobi. The firms found conducting parcel and courier services without a license were Al-Safa Parcel Services, Falcon Fastforward Parcel Services, Turkana Parcel Services, Ramadhan Parcel, Mandera Parcel Stores, Skyway Centre, Sharks Solutions Parcel Services and Rahma Bus Services Limited.
  • Safaricom launch time-based data bundles
    Safaricom has launched a new data package that will see customers access data based on time. This new internet offering will complement their usual MB/GB based data plans.
    “B-Live is about putting the power back in the hands of our customers. We aim to shift the conversation from data to time-based freedom, reinforcing our commitment as an enabler of Kenya’s digital lifestyle, especially among youth, creators, and hustlers, without worrying about how much data they have left. They can now focus on what they want to do online,” said Safaricom’s CEO Peter Ndegwa.
  • Stanchart Kenya half-year profits fall 21% to Sh8.3bn
    Stanchart Kenya's profit after tax dropped by 21 per cent to Sh8.1 billion for the half year period ending June 2025. This was largely driven by declining operating income which fell 15 per cent to Sh22.1 billion. Foreign exchange trading income was down 60 per cent compared the same period to last year falling from Sh4.9 billion to Sh1.99 billion.
    The company has retained interim dividends at Sh8 per share.